We live in a reality where debt was always a political ploy.
Who would collect if social or literal end to the species occurred? I don’t have a contract to believe others are owed in some macroeconomic fantasy game.
Lesser educated people tend to result to confidence games and bullying to get people to acquiesce. Almost everyone alive a century ago would have generally been lesser educated than most today due to technology exposure we’ve had.
Randos on Instagram game algorithms. I gamed Zillows algorithm and made $50k over market on a house; I knew something was up due to experience not deep wisdom of their algorithm.
We live in a society where James Madison tried to make us feel debt to the past, and a reality that informed Thomas Jefferson that’s literally unfair and likely untenable.
We have no obligation to be hard drives for past people. We don’t need to remember the Holocaust in detail to teach each other not to do things like that.
In the end none of this matters. Cashier-less Amazon stores will make people used to consuming without paying explicitly; what’s the point of all the old banking services? And since minimum wage is basically a quota system, most already live under quota, so being capped to X amount of stuff per month will be normal.
I always wonder. That has to be unsustainable, there is no way everybody can be borrowing like hell even for simple consumption and not having that collapse one moment.
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[ 2.6 ms ] story [ 14.8 ms ] threadWho would collect if social or literal end to the species occurred? I don’t have a contract to believe others are owed in some macroeconomic fantasy game.
Lesser educated people tend to result to confidence games and bullying to get people to acquiesce. Almost everyone alive a century ago would have generally been lesser educated than most today due to technology exposure we’ve had.
Randos on Instagram game algorithms. I gamed Zillows algorithm and made $50k over market on a house; I knew something was up due to experience not deep wisdom of their algorithm.
We live in a society where James Madison tried to make us feel debt to the past, and a reality that informed Thomas Jefferson that’s literally unfair and likely untenable.
We have no obligation to be hard drives for past people. We don’t need to remember the Holocaust in detail to teach each other not to do things like that.
In the end none of this matters. Cashier-less Amazon stores will make people used to consuming without paying explicitly; what’s the point of all the old banking services? And since minimum wage is basically a quota system, most already live under quota, so being capped to X amount of stuff per month will be normal.